Posts Tagged ‘labor department’

Unemployment jumps to 7.6%

Friday, February 6, 2009 9:55 No Comments

The Labor Department reported that the US unemployment rate jumped to 7.6% and nonfarm payrolls fell by the largest amount in 34 years.
Nonfarm payrolls dropped by a seasonally adjusted 598,000 in January, after a revised loss of 577,000 in December.
January marked the largest payroll loss since December 1974, according to a survey of workplaces. [...]

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